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Compromise

Sigma Investment Counselors

April 11, 2017

According to Wikipedia, compromise is to make a deal between different parties where each party gives up part of their demand.

The statement “politics is the art of compromise” is a misquotation of a comment attributed to Chancellor Otto von Bismarck, who actually said, “politics is the art of the possible, the attainable – the art of the next best.”

Investors might want to reflect on the political climate of the last several decades and consider the outlook for rational discourse, which may be a key requirement for economic growth.

All comments and suggestions are welcome.

Walter J. Kirchberger, CFA®

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